The U.S. National Highway Traffic Safety Administration has opened a preliminary investigation into Tesla Motors after a driver of a Model S was killed while using the vehicle’s autopilot mode, Reuters reported.Continue reading →

Despite a jump in Tesla’s stock price a day after disappointing earnings, Elon Musk stands to lose billions of dollars with the tanking market value of his electric car company, as his other ventures, SolarCity Corp and Space Exploration Technologies, also face steep challenges in cutting-edge industries.